Car production in the UK fell 18.2% year-on-year to 110,179 units in October of 2020, mainly due to lower shipments to the US (-26%) and the EU (-25.7%). Major Asian markets fared better, with exports to Japan and China up 57.1% and 9.7% respectively, reflecting less stringent lockdown measures. Production for the domestic market also fell, by -13.6% to 18,629 units. Car manufacturing output in the UK has been falling consistently since mid-2018 due to Brexit uncertainty, the impact of coronavirus and fresh lockdowns at home and overseas subduing demand in many key markets, and the unprecedented challenge of a complete shift to electrified vehicles in under a decade. source: The Society of Motor Manufacturers and Traders Limited (SMMT)
Car Production in the United Kingdom averaged 113949.91 Units from 1977 until 2020, reaching an all time high of 185157 Units in March of 2000 and a record low of 197 Units in April of 2020. This page provides - United Kingdom Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Car Production - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Car Production in the United Kingdom is expected to be 65000.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Production in the United Kingdom to stand at 119200.00 in 12 months time. In the long-term, the United Kingdom Car Production is projected to trend around 87000.00 Units in 2021 and 99000.00 Units in 2022, according to our econometric models.